Musings on Markets: Elon's Twitter Play: Valuation and Corporate Governance Consequences

This article analyzes Elon Musk's bid to acquire Twitter through the lens of company valuation, corporate governance, and market dynamics. The author values Twitter at approximately $46 per share under status quo management (below Musk's $54.20 offer) and explores competing narratives about the company's potential, discussing four possible outcomes and the politicization of the acquisition debate.